The Damage Done to Our Industries

By: Adapted from The Ultimate Plan B by David Campbell Bannerman MEP on 12-Dec-2011

There are reams of unnecessary red tape in the form of EU laws, such as the Working Time Directive, Agency Workers Directive and related excessive Health & Safety and Employment legislation which bear most heavily on small businesses, the life blood of jobs and the economy, which as cost the British economy many more jobs. Major plants producing steel, aluminum, chemicals and electrical power are being hamstrung by the implementation of excessive and unrealistic emissions targets.

Britain is prevented by the EU State Aid provisions from for example, spending British tax payers money saving a car industry (the EU prevented the UK saving Rover) or more post offices or the Royal Mail or helping a bank to survive. Unelected Commissioners have the power to veto such decisions. EU procurement rules require large contracts to be advertised EU journal which enables foreign contractors to bid for and win contracts that could have gone to British companies thereby reducing our Corporation Tax receipts and increasing our numbers of unemployed.

The ‘Golden Shares’ in major privatised UK companies which prevented them from being sold overseas were banned under EU rules (except for defence companies) causing many important British companies running British infrastructure have been sold to foreign companies.

Go Back